Category Archives: statistics

Mount Everest as a business

Posted on March 23, 2020 by odeboyz

  Source https://hustle.co/how-mount-everest-became-a-multimillion-dollar-business  

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Elderly Prisoners, Over-crowded Prisons and the Coronavirus Pandemic

Posted on March 23, 2020 by odeboyz

‘Prisons designed for fit, young men must adjust to the largely unexpected and unplanned roles of care home and even hospice. Increasingly, prison staff are having to manage not just ageing prisoners and their age-related conditions, but also the end … Continue reading →

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We’re rich because of our ancestors

Posted on March 12, 2020 by odeboyz

“At least half of our wealth comes from the ideas and investments of those who are now dead.” https://www.bradford-delong.com/2019/05/yes-societal-well-being-depends-on-a-very-strong-distributional-bias-along-the-lines-of-to-each-according-to-their-need-w.html

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Book Review: David Graeber ~ Bullsh*t Jobs: A Theory (2018)

Posted on March 2, 2020 by odeboyz

Freakonomics (2005) unleashed populism amongst university professors. They realised they could sex up their academic work by judicious selection of the bizarre and get a best seller, fame and fortune. Graeber’s an LSE professor of anthropology has joined in. A … Continue reading →

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The generosity of billionaires

Posted on January 30, 2020 by odeboyz

Amazon CEO Jeff Bezos made headlines earlier this month with his donation of $690,000 to the Australian wildfire relief effort- a sum roughly estimated to equate to less than five minutes* of his earnings. * For someone on £40,000 this … Continue reading →

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Are Constituency MPs Obsolete?

Posted on January 30, 2020 by odeboyz

The 2016 Brexit referendum was unlike a general election in that every vote was equal: there were no wasted votes in safe seats. The referendum and Boris Johnson’s cull in September 2019 of 21 Conservative MPs destroyed the alleged importance … Continue reading →

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Education divides society by wealth

Posted on January 27, 2020 by odeboyz

Economists have found that many elite US universities – including Brown, Dartmouth, Penn, Princeton, and Yale – take more students from the top 1% of the income distribution than from the bottom 60%. To achieve a position in the top … Continue reading →

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Spotify quantifies the Top Beatles Album

Posted on January 9, 2020 by odeboyz

What’s the best Beatles album?  This is a question any self-respecting fan wrestles with on a regular basis.  What criteria do we use to decide?  Level of experimentation and growth?  What we revisit the most?  The album with the most … Continue reading →

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Book review: Annie Duke ~ Thinking in Bets (2019)

Posted on January 6, 2020 by odeboyz

Gambling fascinates me and I like stories associated with gamblers. Kerry Packer is an endless source of pleasure for me. He was famously irritated by a braggart in a Las Vegas casino who wanted everyone to know he had a … Continue reading →

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What gambling really is

Posted on December 19, 2019 by odeboyz

…world-class poker players taught me to understand what a bet really is: a decision about an uncertain future. Duke, Annie. Thinking in Bets (p. 3). Penguin Publishing Group. Kindle Edition. Chris

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